Updated Dec 4, 2024
Thiago Monteiro Acquires South Yarmouth Multifamily For $1.12M
11 Salt Works Lane
$1,120,000
$330/SF
Building Size
3,391 SF
Asset Type
MultiFamily
Closing
Jan 26, 2024
About this deal
AI
A multifamily property located at 11 Salt Works Lane in South Yarmouth, MA, was recently sold for $1,120,000. The property spans 3,391 square feet with a price per square foot of $330.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,120,000
- Address: 11 Salt Works Lane
- Market: South Yarmouth, MA
- Buyer's Representative: Thiago Monteiro - William Raveis Real Estate
- Seller's Representative: Karen Lilly - Property Cape Cod Real Estate
Thiago Monteiro from William Raveis Real Estate played a key role as the buyer's representative in the transaction, whereas Karen Lilly, representing Property Cape Cod Real Estate, served as the seller's agent.
Players
South Yarmouth MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.16%
Cash-on-Cash
-4.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93